Cummins Inc (CMI) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 11, 2020
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Cummins Inc (CMI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Cummins Inc designs, manufactures, distributes, and services diesel and natural gas engines and engine-related component products, including filtration, after treatment, turbochargers, fuel systems, controls systems, air handling systems, and others. Cummins Inc has a market cap of $24.81 billion; its shares were traded at around $164.64 with a P/E ratio of 11.42 and P/S ratio of 1.11. The dividend yield of Cummins Inc stocks is 2.97%. Cummins Inc had annual average EBITDA growth of 9.70% over the past ten years. GuruFocus rated Cummins Inc the business predictability rank of 4-star.

For the last quarter Cummins Inc reported a revenue of $5.6 billion, compared with the revenue of $6.1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $23.6 billion, a decrease of 0.8% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Cummins Inc had an average revenue growth rate of 5.4% a year.

The reported diluted earnings per share was $14.48 for the year, an increase of 10.1% from previous year. Over the last five years Cummins Inc had an EPS growth rate of 10.8% a year. The Cummins Inc had a decent operating margin of 10.56%, compared with the operating margin of 10.13% a year before. The 10-year historical median operating margin of Cummins Inc is 10.33%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, Cummins Inc has the cash and cash equivalents of $1.1 billion, compared with $1.3 billion in the previous year. The long term debt was $1.6 billion, compared with $1.6 billion in the previous year. The interest coverage to the debt is at a comfortable level of 22.8. Cummins Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $164.64, Cummins Inc is traded at close to its historical median P/S valuation band of $182.56. The P/S ratio of the stock is 1.11, while the historical median P/S ratio is 1.21. The intrinsic value of the stock is $229.82 a share, according to GuruFocus DCF Calculator. The stock gained 12.71% during the past 12 months.

For the complete 20-year historical financial data of CMI, click here.